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Despite signs of recovery in the Web3 market, European venture capital firm XAnge has quietly stopped raising money for its first crypto venture capital fund, according to two people familiar with the matter. It is reported that in 2022, the VC announced that it was raising proceeds for a cryptocurrency-exclusive fund, Digital Ownership Fund, with a size of 80 million euros. It also recruited Luc Jodet, co-founder of Paris-based Web3 luxury platform Arianee, but now it is difficult to get enough...

2024-08-01 06:45:05